Here's everything you need to know to profit.
Simply put, crypto arbitrage means buying cryptocurrency on one exchange and selling it for a higher price on another exchange.
What Is Crypto Arbitrage?
Arbitrage is different from other trading strategies - you’re taking advantage of price differences between exchanges.
This process is possible because there are various crypto exchanges out there, and their prices adjust differently.
Types of Arbitrage
Variations in liquidity
Why is Arbitrage Possible?
Here are some potential explanations:
Different exchange types
Withdrawal and deposit times
As long as price differences exist, there will be a way to make money.
Is Crypto Arbitrage Profitable?
Although it might sound “dodgy”, taking advantage of price differences doesn’t break any laws.
Is Crypto Arbitrage Legal?